In the provision method of depreciation the asset always appears at:

Profit prior to incorporation is an example of:

Process of becoming out of date or obsolete is termed as:

The amount of depreciation charged on machinery will be debited to

Installation charge of machinery is debited to ----- account.

Depletion method of depreciation is used for

Depreciation of a fixed asset is an example of ---.

---- reserve is a reserve which does not appear in balance sheet.

Depreciation is a --- expense.

----- reserve is available for distribution of dividend.

Reserve reserve is created out of ---- profit.

Purpose of provision is to meet a ----.

Profit on sale of fixed asset is a ------ profit.

Capital reserve is created out of ----- profit.

Under diminishing value method, depreciation is calculated on ---.

Decrease in the value of intangible asset is termed as ----.

Depletion method of depreciation is applied on ----- asset.

Depreciation arises due to ----.

Under ------ method, depreciation remains the same from year to year.

Reserve is a --- of profit.

Increase in the value of fixed asset is called ---.

Under --- method, depreciation goes on decreasing from year to year.

Reserve can be classified into ---- reserve and revenue reserve.

Installation charge of machinery is debited to ---.

Depreciation is provided on

Under straight line method, depreciation is calculated on ---.

Profit on sale of machinery is ---.

The amount of depreciation should be accurately estimated and accounted for----.

Under diminishing value method, depreciation is calculated on ---.

Suspense account is opened when ---- does not tally.

Why the error of casting of subsidiary books affect the agreement of trial balance

If an error is not detected in spite of all efforts and trial balance does not agree then what measure will be taken for the agreement of a trial balance?

A trial balance is prepared

Difference of totals of both debit and credit side of the trial balance is transferred to ---.

A suspense account facilitates the preparation of ------ even when the ------ has not tallied.

Trial Balance will be prepared to ---.

Which of the following will affect the agreement of a trial balance?

--- is the common base for preparing a trial balance.

Agreement of trial balance is affected by:

Cash paid to Neha Rs. 2,000 was not posted to her account. This is an error of ---.

Credit sales to Mohan Rs. 10,000 were posted to his account as Rs. 12,000 this is an error of ---.

Disagreement of trial balance includes which errors?

If transaction is totally omitted from the books, tis called ---?

Failure to differentiate between capital and revenue expenditures so this error is called ---?

Errors which affect one side of an account are called?

An error is counterbalanced by another error is known as -- error.

----- is the temporary account created when a trial balance is not tallied.

The statement containing various ledger accounts balances on a specified date is known as

An account in which the difference of trial balance is temporarily put is ........ account.

If a transaction is not recorded in the books, it is an error of ---.